Executive Development Programme in Inventory Control for Schools
-- ViewingNowThe Executive Development Programme in Inventory Control for Schools certificate course is a crucial training program designed to meet the growing demand for skilled inventory control professionals in the education sector. This course emphasizes the importance of effective inventory management in schools, helping institutions optimize resources, reduce costs, and enhance operational efficiency.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
⢠Inventory Control Techniques: Economic Order Quantity (EOQ), Just-In-Time (JIT), and ABC Analysis
⢠Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
⢠Inventory Accuracy and Cycle Counting
⢠Inventory Systems: Manual, Computerized, and ERP
⢠Inventory Costs: Ordering, Holding, and Stockout Costs
⢠Demand Forecasting and Inventory Planning
⢠Supplier Relationship Management and Strategic Sourcing
⢠Performance Metrics and Continuous Improvement in Inventory Control
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